Establishes the Hawaii carbon smart land management assistance program to incentivize carbon sequestration practices.
The bill establishes the Hawaii carbon smart land management assistance program to incentivize carbon sequestration practices. It appropriates funds to support the program, which aims to provide compensation for eligible practices through incentive contracts. The program prioritizes activities that are cost-effective, provide co-benefits, create jobs, and achieve community priorities. The Department of Land and Natural Resources will administer the program, coordinate with relevant agencies, and establish compensation rates and contract terms for eligible practices.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.